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TruckingM&A Activity
Deal flow, active acquirers, and current market trend - based on 209real disclosed M&A transactions in the trucking space. Run the calculator below to price your business at current multiples.
State of TruckingM&A in 2026
The trucking M&A market is tracked across 209 disclosed transactions in the ExitValue.ai database (102 with EBITDA disclosed, 203 with revenue). The current market trend is stable.
Active acquirers include Werner Enterprises, TFI International, RXO, Inc., Schneider National. Recent named transactions: FirstFleet Inc. (2026); Daseke Inc. (2024); Coyote Logistics, LLC (2024).
Premium valuations in trucking are driven by dedicated/contract freight as majority of revenue (vs spot-market exposure); specialized equipment (refrigerated, flatbed, hazmat command premium multiples); multi-driver operation with operations manager (less owner-driver risk).
What compresses valuations: spot-market dependent revenue (cyclical, freight recession exposure); owner is also the lead driver (key-person risk priced in heavily); aged fleet without recent capex (buyer absorbs replacement cost in offer).
Source: SEC filings, EDGAR 8-K/S-4, and verified press releases. Run the calculator below to see the specific multiples that apply to your business.
Recent named M&A deals in trucking
Most-recent disclosed transactions. Click any deal for full detail (multiples, financials, source).
Sourced from SEC filings, EDGAR 8-K/S-4, and verified press releases.
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What drives a premium valuation
- ●Dedicated/contract freight as majority of revenue (vs spot-market exposure)
- ●Specialized equipment (refrigerated, flatbed, hazmat command premium multiples)
- ●Multi-driver operation with operations manager (less owner-driver risk)
What compresses valuation
- ●Spot-market dependent revenue (cyclical, freight recession exposure)
- ●Owner is also the lead driver (key-person risk priced in heavily)
- ●Aged fleet without recent capex (buyer absorbs replacement cost in offer)
Trucking valuation: common questions
How is a trucking business valued?
Trucking businesses are valued by benchmarking against comparable completed M&A transactions, then adjusting for the specific business. Owner-operator practices are typically priced on an earnings or seller-discretionary-earnings basis, while businesses at platform scale shift toward institutional earnings-multiple methodology. The ExitValue.ai engine selects the methodology that the comparable deal set actually used and adjusts for margin quality, growth, owner dependency, customer concentration, and recurring-revenue mix.
What drives trucking valuation?
The biggest value levers in trucking are recurring or repeat revenue, owner independence (the business runs without the founder), customer diversification (no single client dominates), a credible growth trajectory, and operating-margin quality relative to the vertical. In this space specifically, buyers pay up for dedicated/contract freight as majority of revenue (vs spot-market exposure); specialized equipment (refrigerated, flatbed, hazmat command premium multiples); multi-driver operation with operations manager (less owner-driver risk).
How many trucking M&A deals are tracked?
ExitValue.ai tracks 209 disclosed trucking M&A transactions, 102 with EBITDA disclosed, 203 with revenue disclosed, sourced from SEC filings, EDGAR 8-K/S-4 documents, and verified press releases and refreshed daily. Current market trend: stable.
Who buys trucking businesses?
Trucking businesses are acquired by strategic acquirers (larger operators in the same space), and private-equity platforms and roll-up consolidators, and unknown. Recent named acquirers include Werner Enterprises, TFI International, RXO, Inc., Schneider National.
What is my trucking business worth?
Run the ExitValue.ai trucking calculator to see your business priced against the 209 disclosed trucking transactions in the database. The engine applies adjustments for margin, growth, owner dependency, customer concentration, and recurring revenue mix to produce a tight range around the most-likely transaction value.
More on trucking valuations
- Trucking valuation calculator· head-term variant
- Recent deal: FirstFleet Inc.· comparable transaction
- Who acquired FirstFleet Inc.?· buyer profile
- How to value a trucking· long-form guide
Methodology details: how ExitValue computes valuation ranges · full trucking calculator